Advertisement
Daily News
NAPA Net Daily
Powered by the National Association of Plan Advisors.
BY John Carl 9/24/2013
The ERISA consultants at the Columbia Management Retirement Learning Center Resource Desk regularly receive calls from financial advisors on a broad array of technical topics related to IRAs and qualified retirement plans. A recent call with a financial advisor in New York is representative of a...
READ MORE
BY Fred Barstein 9/24/2013
NAPA has launched the NAPA Research Institute (NRI), naming Warren Cormier as its Executive Director. Cormier is also President and Founder of the Boston Research Group and Co-Founder of the BeFi Forum (now part of the Rand Institute) with Prof. Shlomo Benartzi.Though the DC industry generates a...
READ MORE
BY Fred Barstein 9/24/2013
Should your clients have separate committees — one focused on fiduciary matters like investment and provider selection and monitoring, and the other focused on so-called settlor functions like plan design? This question was discussed recently by a panel of experts at the PSCA’s 66th annual...
READ MORE
BY Fred Barstein 9/24/2013
Think that DC plan participant education is dead? Stanford Graduate School of Business professor Joshua Rauh thinks otherwise. He’s teaching an eight-week online course about the fundamentals of retirement plan investing for private as well as public pension plans. Rauh’s course is intended to help...
READ MORE
BY Fred Barstein 9/23/2013
ERISA expert Fred Reish raises the question of who at the plan sponsor should be receiving disclosure documents. In a rush to get mass disclosure documents out last year, service providers may have inadvertently sent some of them to the wrong person. According to Reish, the right person is the so-...
READ MORE
BY Fred Barstein 9/23/2013
As previously reported on NAPA Net, FINRA approved a proposal requiring brokers to disclose recruitment compensation paid to them as an incentive to move to a new firm. The proposal will be submitted to the SEC for review and approval. Three types of payments would trigger disclosure:1. Recruitment...
READ MORE
BY Fred Barstein 9/23/2013
Attorney (and FRA/PlanTools blogger) Thomas Clark reports a major victory for plaintiffs in Spano v. Boeing Co., one of the original 401(k) excessive fee cases filed in 2006 by Jerome Schlichter. The court granted the amended motion for class action in the case, which will now be allowed to proceed...
READ MORE
BY John Ortman 9/23/2013
The Affordable Care Act (more commonly known as "Obamacare") includes an employee notice requirement with an Oct. 1 deadline, a recent ASPPA ASAP notes. According to Lawrence C. Starr, CPC, QPFC, who authored the alert, most businesses with $500,000 or more in annual dollar volume of sales or...
READ MORE
BY Jim Dornan 9/20/2013
Speaker of the House John Boehner (R-OH) has introduced legislation to fund the federal government until Dec. 15, 2013. The bill, which includes a provision to defund Obamacare, is expected to be voted on sometime today, Sept. 20. The legislation, known as a Continuing Resolution (CR), will...
READ MORE
BY Fred Barstein 9/20/2013
As CalPERS contemplates a move toward more passive investments, the question arises of what the liabilities and consequences would be. Blogger Stephen Rosenberg of The McCormack Firm in Boston asks whether plan sponsors which move to nothing but indexed investments will be sued by participants who...
READ MORE
Pages
Advertisement
Advertisement
Most Popular
Advertisement
Sign up for The Daily
Recent Comments